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Property profile & analytics
FOR SALE
Retail space

1111 County Road 212 Lanett, AL 36863

1,200 SF 0.5 ac lot Built 1956
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US03-2588918
Property summary
AI-generated overview

This exceptional 3,799 square foot retail property presents a remarkable investment opportunity in Lanett, Alabama. Situated on a half-acre lot at 1111 County Road 212, this "Other" type property boasts significant growth potential due to its strategic location. Just minutes from the Chattahoochee River and Lake West Point, the property benefits from high visibility and convenient access for customers. The existing building offers ample space for a wide variety of merchandise, with significant room for expansion within the structure itself. Furthermore, the substantial outdoor area provides additional opportunities for display, storage, or even outdoor sales, depending on the business model. The possibilities for this property are truly endless, making it an ideal choice for entrepreneurs seeking a thriving retail location with room to grow and expand their business. The asking price for this unique property is $355,000. This represents a compelling investment in a high-growth area with significant potential for long-term returns. Don't miss this chance to secure a prime retail location in a desirable area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1956
Total area 1,200 SF
Lot 0.5 ac (21,780 SF)
APN 12-10-01-12-0-001-010.002
UPID US03-2588918
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
On Target LLC · 6 yrs held
On Target LLC
since 2020
Last sale
$123,978
2 recorded transactions
2020
$123,978
2012
$162,552
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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